§60-175.14. Trustee voting corporate stock.
51 words·~1 min read·
/ok/title-60-property/60-175-14·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A trustee owning corporate stock may vote it by proxy, with or without power of substitution, but shall be liable for any loss resulting to the beneficiaries from a failure to use reasonable care in deciding how to vote the stock and in voting it. Laws 1941, p. 252, § 14.